Requestor-based funds transfer system and methods
First Claim
1. A method for transferring funds, the method comprising:
- receiving, at a payment enabler computer system, a communication, the communication comprising a sender account identifier associated with a sender and receiver account identifier associated with a receiver;
querying, by the payment enabler computer system, associated memory to determine that the receiver account identifier is not associated with an entry in the associated memory;
sending by the payment enabler computer system, a webpage link to an electronic address associated with the receiver account identifier;
receiving, from a computer device associated with the receiver, an affirmative response to the webpage link, the affirmative response causing the payment enabler computer system to initiate a challenge-response protocol comprising;
receiving, from a computer device associated with the sender, a challenge-response communication defining one or more parts of a challenge-response authentication;
generating, by the payment enabler computer system, based at least in part on the received challenge-response communication, a challenge;
transmitting, by the payment enabler computer system, the challenge over a communication network to the computer device associated with the receiver;
receiving, by the payment enabler computer system, a response to the transmitted challenge;
comparing a received response to the challenge-response communication to authenticate a user associated with the sender account identifier;
in response to a positive authentication, creating an entry in the associated memory and associating said entry with the receiver account identifier; and
causing, by the payment enabler computer system, an electronic transfer of funds from a sender account associated with the sender to a receiver account associated with the receiver.
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Accused Products
Abstract
According to the invention, transferring money using a computer network is disclosed. In one step, information is saved on credit received for a first user (110) in a stored value account on a server computer system (170). At the server computer system (170), a request from the first user (110) to send money to a second user (130) based on the stored value account is received. An electronic notification is sent from the server computer (170) to the second user (130) to notify the second user (130) of the request. A debit in the stored value account of the first user (110) is created. The requested money is sent to the second user (130) upon a receipt of a request at the server computer (170) from the second user (130).
322 Citations
14 Claims
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1. A method for transferring funds, the method comprising:
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receiving, at a payment enabler computer system, a communication, the communication comprising a sender account identifier associated with a sender and receiver account identifier associated with a receiver; querying, by the payment enabler computer system, associated memory to determine that the receiver account identifier is not associated with an entry in the associated memory; sending by the payment enabler computer system, a webpage link to an electronic address associated with the receiver account identifier; receiving, from a computer device associated with the receiver, an affirmative response to the webpage link, the affirmative response causing the payment enabler computer system to initiate a challenge-response protocol comprising; receiving, from a computer device associated with the sender, a challenge-response communication defining one or more parts of a challenge-response authentication; generating, by the payment enabler computer system, based at least in part on the received challenge-response communication, a challenge; transmitting, by the payment enabler computer system, the challenge over a communication network to the computer device associated with the receiver; receiving, by the payment enabler computer system, a response to the transmitted challenge; comparing a received response to the challenge-response communication to authenticate a user associated with the sender account identifier; in response to a positive authentication, creating an entry in the associated memory and associating said entry with the receiver account identifier; and causing, by the payment enabler computer system, an electronic transfer of funds from a sender account associated with the sender to a receiver account associated with the receiver. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A funds transfer system, comprising:
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a payment enabler computer system that transmits and receives data over a network, the payment enabler computer system being configured to; receive a communication, the communication comprising a sender account identifier associated with a sender and receiver account identifier associated with a receiver; query associated memory to determine the receiver account identifier is not associated with an entry in the associated memory; send payment enabler computer system, a webpage link to an electronic address associated with the receiver; receive from a computer device associated with the receiver, an affirmative response to the webpage link, the affirmative response causing the payment enabler computer system to initiate a challenge-response protocol comprising; receive, from a computer device associated with the, a challenge-response communication defining one or more parts of a challenge-response authentication; generate, based at least in part on the received challenge-response communication, a challenge; transmit the challenge over a communication network to the computer device associated with the receiver; receive a response to the transmitted challenge; compare a received response to the challenge-response communication to authenticate a user associated with the sender; in response to a positive authentication, create an entry in the associated memory and associate said entry with the receiver; and cause an electronic transfer of funds from a sender account associated with the sender to a receiver account associated with the receiver. - View Dependent Claims (11, 12, 13, 14)
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Specification